JPMorgan U.S. Quality Factor ETF $JQUA Shares Sold by Kestra Advisory Services LLC

Kestra Advisory Services LLC reduced its position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 4.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 718,149 shares of the company’s stock after selling 31,376 shares during the period. Kestra Advisory Services LLC owned about 0.64% of JPMorgan U.S. Quality Factor ETF worth $44,037,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Savant Capital LLC raised its stake in JPMorgan U.S. Quality Factor ETF by 10.8% in the fourth quarter. Savant Capital LLC now owns 10,256,962 shares of the company’s stock valued at $648,035,000 after buying an additional 996,453 shares in the last quarter. Signaturefd LLC boosted its position in shares of JPMorgan U.S. Quality Factor ETF by 1.2% during the 4th quarter. Signaturefd LLC now owns 5,453,982 shares of the company’s stock worth $344,583,000 after acquiring an additional 66,385 shares in the last quarter. Morgan Stanley boosted its position in shares of JPMorgan U.S. Quality Factor ETF by 11.0% during the 4th quarter. Morgan Stanley now owns 2,960,267 shares of the company’s stock worth $187,030,000 after acquiring an additional 293,117 shares in the last quarter. Sage Mountain Advisors LLC boosted its position in shares of JPMorgan U.S. Quality Factor ETF by 1.7% during the 4th quarter. Sage Mountain Advisors LLC now owns 2,939,552 shares of the company’s stock worth $185,721,000 after acquiring an additional 50,109 shares in the last quarter. Finally, Raymond James Financial Inc. increased its holdings in shares of JPMorgan U.S. Quality Factor ETF by 16.8% in the 3rd quarter. Raymond James Financial Inc. now owns 1,691,928 shares of the company’s stock valued at $106,439,000 after acquiring an additional 243,540 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Performance

Shares of NYSEARCA JQUA opened at $72.38 on Friday. JPMorgan U.S. Quality Factor ETF has a fifty-two week low of $59.23 and a fifty-two week high of $72.66. The firm has a market capitalization of $8.17 billion, a PE ratio of 23.86 and a beta of 0.91. The stock’s 50-day simple moving average is $70.13 and its 200-day simple moving average is $65.94.

JPMorgan U.S. Quality Factor ETF Profile

The JPMorgan U.S. Quality Factor ETF (JQUA) is an exchange-traded fund that is based on the JP Morgan US Quality Factor index. The fund selects companies from the Russell 1000 using three quality factors: profitability, earnings, and solvency. JQUA was launched on Nov 8, 2017 and is managed by JPMorgan Chase.